Sep 18, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates
In a bold move, the Federal Reserve just cut interest rates by 50 basis points (0.5%), marking the first time in four years that such a significant reduction has occurred. For those in the real estate market, this could be the perfect moment to make a move. Historically, interest rate cuts like this often lead to lower mortgage rates, which directly impacts your borrowing power and the overall cost of your home. Let’s break down why this matters and why now might be the best time to buy a home or invest in real estate.
Sep 10, 2024 | First Time Home Buyers, For Buyers, Homeowners
Moving to a new home is an exciting experience, but it can also feel overwhelming if you don’t have a plan. At Adam Timothy Group, we aim to make your transaction as smooth as possible so that you can focus on the move and settling into your new home with ease. Here’s a step-by-step guide to help you stay organized and manage your move efficiently, from packing up your old home to feeling settled in your new one.
Mar 19, 2024 | For Buyers, For Sellers, Housing Market Updates
While the NAR settlement has brought attention to the commission structures in real estate transactions, the fundamental dynamics of the market will continue to govern the industry. Buyers and sellers, armed with negotiation power and market knowledge, will remain central in determining the terms of real estate engagements, including commission fees. The future of real estate transactions, therefore, is likely to evolve but remain grounded in the principles of market-driven pricing and value-based service.
Mar 17, 2024 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates
In a competitive real estate market, distinguishing your property from others is crucial. As outlined by New American Funding, offering incentives can significantly enhance your home’s appeal, making it more attractive to potential buyers . These incentives can range from covering closing costs to providing upgrades or repairs, all aimed at making the buying process more appealing and less burdensome for the purchaser.
Mar 13, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash.
Mar 7, 2024 | Demographics, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal.
